Looking At Uber Technologies's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Uber Technologies (NYSE:UBER), with a mix of bullish and bearish stances. The trades include 2 puts amounting to $73,845 and 8 calls amounting to $480,007. Whales have been targeting a price range from $25.0 to $50.0 for Uber over the last 3 months. The company's stock price is currently up 0.61% at $44.79. Several experts have given their ratings on Uber, with price targets ranging from $50 to $75.
July 13, 2023 | 3:04 pm
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Uber Technologies has seen significant unusual options activity, with a mix of bullish and bearish stances. The stock price is currently up 0.61% at $44.79. Analysts have given varied price targets, ranging from $50 to $75.
The unusual options activity indicates that there is significant interest in Uber's stock, which could lead to increased volatility. The mix of bullish and bearish stances suggests uncertainty about the company's future performance. The current stock price is up, but the varied analyst ratings and price targets indicate differing opinions on the company's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100